By combining its internal competencies, Philia maximized its competitive advantages by improving the performance of its trading activities from production to the end user market.
APPROACH
With a fully integrated approach from well-head to the gas station, Philia is able to optimize the petroleum value chain.
Its competitive advantage derives from proven competence in trade finance, logistics and risk management, and constantly added value in trading.
Trading
Oil & gas trading is one of the main business at Philia. Its multi-cultural traders are highly experienced and have many years’ experience in the petroleum sector in international companies. They have strong knowledge on the local market where they operate, as well as internationally.
Moving products from a point to another one, supplying its clients at the right time, is really key for Philia’s traders. They carefully analyze the balance between supply and demand, which in the oil sector can be influenced by many external factors.
Economics conditions, logistics, worldwide geopolitical changes as well as new energy sources can all affect the balance of products, and therefore their pricing.
Traders at Philia constantly adjust to the evolving market conditions, analyze profitability and identify changing crude oil flows. In order to face volatile environment, they can also implement hedging solutions for their clients.
Bunkering
Philia launched bunkering activities in 2015 and is licensed to supply marine fuels predominantly in Western Africa.
Since 2015, it has provided fast, efficient and reliable bunkering services operating specially from the ports of Western Africa, on vessels at the dock or at anchor.
With a quality fleet complying with international standards, experienced crews and staff, the company delivers the highest quality services to customers.
Trading high quality MGO (Marine Gas Oil) in compliance with ISO 8217 2005, its marine fuels are mainly produced by European refineries.
